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VanEck plans to apply for Hyperliquid spot pledge ETF

Source: golden
According to market news, VanEck plans to apply for Hyperliquid spot pledge ETF in the United States and launch related trading products in Europe. Hyperliquid is the Layer-1 blockchain launched in 2023, and its online revenue has ranked first for four consecutive weeks recently. VanEck said that the product's net profit may be partially used for HYPE token repurchase, which has not been launched on mainstream exchanges in the United States. The ETF and ETP products still require regulatory approval.
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